Mr. William Gildea reports

FUTURE FARM ANNOUNCES SHAREHOLDER MEETING DATES AND UPDATE REGARDING NEXTECH SPIN-OFF

The formal process for completing the distribution of 11 million common shares of NexTech AR Solutions Corp. to the shareholders of Future Farm Technologies Inc. on a pro rata basis is now under way. The process began with the filing last week of a notice of meeting and record date for an annual general and special meeting to take place on July 26, 2018. That notice is available on the Canadian Securities Exchange.

The distribution of the NexTech common shares is to be completed pursuant to a court-approved plan of arrangement. The next step in the process is the application for an interim order from the British Columbia Supreme Court. The application for the interim order was filed on June 19, 2018, and is set for a court hearing on June 21, 2018. Upon receipt of the interim order, the company will proceed to mail to the Future Farm shareholders a proxy circular disclosing detailed information on the business of NexTech.

If the arrangement is completed, Future Farm shareholders will receive a total of 11 million common shares of NexTech while maintaining their current ownership interest in Future Farm. NexTech will apply to list its shares on the CSE following completion of the arrangement.

NexTech will focus on the advancement and development of its revenue-generating portfolio of gaming and all-in-one apps (known as the all-in-one-app portfolio) using its augmented reality technology. NexTech has also expanded its augmented reality technology products and is working with a number of clients for the provision of augmented reality enhanced marketing services, including through its native AR platform and AR learning model.

About Future Farm Technologies Inc.

Future Farm is a Canadian company with holdings throughout North America, including California, Massachusetts, Florida, Maine, Puerto Rico and Newfoundland. Future Farm's scalable, indoor CEA (controlled environment agriculture) systems utilize minimal land, water and energy resources. The company holds an exclusive, worldwide licence to use a patented vertical farming technology that, when compared with traditional plant production methods, generates yields up to 10 times greater per square foot of land.

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